Those of you who invest in stocks.

K

Keiller TN

New member
Do you invest in gun manufacuring companies as a way to support 2nd ammendment? I suppose they would be considered a bad investment now that they are under attack form various governemental groups.
 
To answer your question, no. I look at it this way, by not investing in the gun stocks, I make more money. By making more money, I in turn can buy more guns. That way, I support the gun manufacturers and my local FFL and of course, myself.
I realize that I should purchase gun stocks, but that right now is a real bad investment.
 
TAO:
Quote:
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I realize that I should purchase gun stocks, but that right now is a real bad investment.
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My friend.....so is Boeing stock. :(

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"Lead, follow or get the HELL out of the way."
 
I have at times. Right now I still own Olin,
and Primex technologies. I usually try to fit some in somewhere.
 
I invested $6000 in assult weapons(MP5,SP-89,....)in 1991 that are now worth $20000; did I do good ? yes maybe no. If I only bought $6000 of AOL stocks in 1992, I will have a few million dollars worth of AOL stock by now !
 
chaho - Actually you would have over $23 Million if you had invested in AOL instead. :D But, who'da thunk it?
 
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Keiller TN:
Do you invest in gun manufacuring companies as a way to support 2nd ammendment?[/quote]

I question stock ownership in a firearms (or firearms related) company helps support the second amendment unless you are buying new issues of stock (or bonds, etc.). In that case your investment dollars go to the company. If it's not a new issuance, your invest goes to whoever last owned the stock (or bonds, etc.); none of your investment dollars make it to the firearms company.

I think chaho's way of supporting the second amendment probably has the most benefit.

Joe
 
Considering how several of the major manufacturers have recently shown a willingness to help government further erode our rights to save their financial asses, it might be a better idea to invest in pro-freedom politicians.
 
Heck no.
I cant afford to invest in what I like...
I must suffer the drudgery of investing in high tech stocks. I need my money to do heroic work for me.
The means stock in companies that are into hot technologies.
I dont trade as a guideline, but do so once in a while. I have done very well keeping this pace... and I cant see the point of day traders or in vesting in slow growth stocks.
But then again I am young and rash, and demand a hasty return on my investments.
 
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